Ripple’s RLUSD Market Cap Crosses $2B, Nearly $1B on XRP Ledger

Crypto Insight Summary: Ripple USD has crossed $2 billion in market capitalization less than two years after its launch. Nearly $1 billion of the dollar-backed stablecoin is issued on the XRP Ledger, while Ethereum holds a slightly larger supply. RLUSD Supply Crosses $2 Billion Ripple USD (RLUSD) surpassed $2 billion in market capitalization last week. On Aug. 25, […] Crypto Insight Analysis: Direction: Bullish XRP Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: RLUSD growth on XRP Ledger boosts ecosystem activity and utility.